Cryptoasset Valuation Reading List

  1. "Cryptoassets" by Chris Burniske and Jack TatarBitcoin was the first cryptoasset, but today there are over 800 and counting, including ether, ripple, litecoin, monero, and more. This clear, concise, and accessible guide from two industry insiders shows you how to navigate this brave new blockchain world―and how to invest in these emerging assets to secure your financial future.
  2. Chris Burniske's Medium Post "Cryptoasset Valuations"Chris is partner at Placeholder Ventures, and formerly led ARK Invest's cryptoasset efforts. He dives into how to best value cryptoassets in an early effort that many recognized as the most developed of initial attempts to establish valuation frameworks.
  3. "MV=P…Que? Love and Circularity in the Time of Crypto"Austere Capital's Brian Koralewski's criticism of Burniske's above efforts where he suggest that much of the framework proposed by Burniske is fundamentally flawed.
  4. "A Crash Course in Mechanism Design for Cryptoeconomic Applications"Blockchannel explains the basic fundamentals of Cryptoeconomics.
  5. "On Value, Velocity, and Monetary Theory"Blockchannel explains the basic fundamentals of Cryptoasset valuations.
  6. "What Stellar Lumens Teaches Us About Token Economics"Anshuman Mehta and Brian Koralewski examine Stellar's cryptoeconomic design to better understand the project and how it is intended to function, potential returns for token holders, and what a consider of Stellar can yield in terms of understanding of the Network Value to Transaction valuation (or, NTV ratio) when applied to payment tokens.
  7. "An (Institutional) Investor’s Take on Cryptoassets" by John PfefferThis paper sets out to consider cryptoassets from the perspective of a rational, long-term investor.
  8. "Making Sense of Cryptoeconomics"Coindesk explains the basic fundamentals of Cryptoeconomics.
  9. INET Valuation ModelChris Burniske, cofounder of Placeholder Ventures, offers this valuation model to understand the cryptoeconomy of a fictional token called INET.
  10. Coinbase's Securities Law FrameworkLeaders in the crypto space in the areas of law, finance, economics and beyond composed this framework to help navigate the complex legal environment surrounding whether blockchain tokens are considered securities or not.
  11. The SAFT Project FrameworkThe SAFT Project aims to develop a compliant framework for US token sales. It welcomes input from participants around the world to strengthen over time.